South Korea vs Mexico: Manufacturing, value added
Manufacturing, value added over time
- South Korea
- Mexico
How they compare
South Korea currently reports 513.52 billion current US$ against 366.08 billion current US$ in Mexico, a difference of 147.44 billion current US$.
That makes South Korea's figure about 1.4 times Mexico's.
The two have swapped places 7 times across 61 shared years of data; in 1965 it was Mexico ahead.
South Korea ranks 6th and Mexico ranks 8th of 202 countries.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.